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SJM

NYSE · USD
The J. M. Smucker Company
Consumer Defensive · Packaged Foods
CEO Captain Mark T. Smucker Employees 8,000 R&D / revenue 0.0%
Last price
$127.43+1.19%last session
Market cap
$13.6B
P/E (TTM)
59.3x
From 52w high
−6.2%
From 52w low
+44.4%
1-year return
+23.9%
RSI 14 · vs SMA200
66.7 · +16.4%
IS score
51.0/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

SJM   SPY   XLP (sector ETF) · weekly closes
90100110120130Jan 26Apr 26Jul 26Oct 26SJM 124SPY 116XLP 111

Score DNA

Each bar is a 0-100 score within the scored universe
43
Profitability
60
Growth
39
Value
88
Momentum
30
Risk (safety)
72
Quality
27
Balance sheet
73
Earnings quality

Flags

Strengths
✓ Piotroski 8+✓ FCF yield 5%+✓ Congress buying
Warnings
▲ Altman distress zone▲ Share count rising
Observations
Moat model: Narrow, Efficient ScalePiotroski 8 / 9Altman Z 1.4Beta 0.262 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
9 open-market sales, $17.5M
Form 144 notices (12m): 8, $17.5M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
3
Last disclosed purchase 2026-04-23
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
+68
151 new holders, 76 closed
890 filers hold 88.6% · 353 added, 259 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+107
670 funds adding shares
563 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
59.0%
20-day avg 63.8%, 50-day avg 59.0%
Latest 4.8 pp under its 20-day average · a flow, not short interest

Key financials · FY2026

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$9.1B
Revenue growth YoY+3.7%
Gross margin33.5%
Operating income$360.2M
Operating margin4.0%
Net income−$138.7M
Net margin-1.5%
EPS (diluted)$-1.30
Cash flow
Operating cash flow$1.5B
Capital expenditure$317.4M
Free cash flow$1.2B
FCF conversion (FCF / OCF)78.5%
Stock-based compensation$23.6M
FCF less SBC$1.1B
Buybacks$5.6M
Dividends$464.7M
Balance sheet & returns
Cash & short-term investments$58.6M
Total debt$7.0B
Net debt$6.9B
Shareholders' equity$5.5B
Goodwill & intangibles$10.9B
Debt / equity1.20
ROE (TTM)4.1%
ROIC (TTM)3.2%
Operating margin by fiscal year
12.8%FY20221.8%FY202316.0%FY2024-7.7%FY20254.0%FY2026
Revenue $8.0B (FY2022) to $9.1B (FY2026), a 3.1% CAGR.

Valuation

P/E (TTM)59.3x
EV / EBITDA15.3x
Price / sales1.49x
Price / FCF8.6x
FCF yield11.67%
Buyback yield0.04%
SBC / revenue0.3%
Price / book2.37x
Forward P/E FY202711.8x
Forward P/E FY202811.5x
Forward multiples divide today's price by Street EPS estimates. Street mean target $139.07 across 15 analysts last quarter is theirs, not ours.

SJM vs industry median

245 companies in Packaged Foods
Gross margin 38.7% 27.9% Operating margin 9.0% 4.6% Net margin 2.5% 2.4% ROIC 3.2% 8.8%
SJM (TTM)Industry median Asset turnover 0.57 vs industry 0.94 · financial leverage 2.82

Earnings delivery

Next report 2026-11-24 · consensus EPS $2.50
83%
beat rate, 10 of 12 quarters
+7.1%
median EPS surprise
7
longest beat streak
+5+9+14+12+10+10+3-2+0+5+5+46
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-12-05 to 2026-08-26. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
SJM The J. M. Smucker Company $13.6B59.3x4.1%2.5%+3.7% +23.9%
MKC McCormick & Company, Incorpo $12.5B8.4x23.4%4.8%+13.2% −27.9%
HRL Hormel Foods Corporation $11.2B32.4x4.3%2.0%+0.7% −9.3%
GIS General Mills, Inc. $17.7Bn/m-10.6%9.0%−4.5% −30.6%
DAR Darling Ingredients Inc. $9.7B16.3x12.1%22.5%+15.0% +93.6%
LW Lamb Weston Holdings, Inc. $7.4B29.0x11.8%1.7%+0.9% —
SFD Smithfield Foods, Inc. $7.3B6.9x15.9%6.5%+104.3% —
PPC Pilgrim's Pride Corporation $7.0B12.8x14.6%0.3%+1.4% —
12-month window: SPY +15.9%, sector ETF XLP +11.4%. Past returns describe history only.

Recent 8-K filings

2026-08-26Earnings Release; Exhibits
2026-08-17Shareholder Vote
2026-06-09Earnings Release; Exhibits
2026-03-03Departure/Election of Directors; Appointment of Officers
2026-02-26Results of Operations and Financial Condition; Financial Statements and Exhibits
2026-02-26Departure/Election of Directors; Appointment of Officers; Regulation FD Disclosure

Context

Shares outstanding106,823,183
Free float97.8%
Institutional ownership88.6%
Beta0.26
Dividend yield3.47%
Last dividend$1.12 on 2026-08-14
50 / 200-day average$122.34 / $109.55
Large-cap Consumer Defensive median P/E23.3x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where SJM sits among 31 scored companies in Packaged Foods (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureSJMIndustry medianIndustry percentileSector median
P/E (TTM) 59.3x 14.1x
95th		 20.0x
PEG (P/E ÷ 3-yr EPS CAGR) —
Price / sales 1.5x 0.8x
90th		 1.1x
Price / book 2.4x 1.7x
70th		 2.5x
Price / tangible book —
Price / free cash flow 8.6x 9.3x
41st		 14.7x
Price / operating cash flow 7.1x 6.9x
52nd		 9.4x
Enterprise value $20.5B $3.3B
93rd		 $5.1B
EV / sales 2.2x 1.0x
93rd		 1.3x
EV / EBITDA 15.3x 9.3x
81st		 12.3x
EV / EBIT 26.1x 13.3x
92nd		 16.5x
EV / free cash flow 12.9x 15.9x
41st		 18.2x
Earnings yield 1.7% 6.2%
30th		 3.9%
FCF yield 11.7% 9.1%
63rd		 6.5%
Operating cash flow yield 14.0% 14.0%
50th		 10.4%
Graham number (per share) $50.88 $42.65
55th		 $35.68

Profitability (TTM)

MeasureSJMIndustry medianIndustry percentileSector median
Gross margin 38.7% 26.9%
87th		 34.4%
EBITDA margin 14.6% 10.7%
77th		 10.7%
Operating margin 9.0% 7.7%
80th		 7.6%
EBIT margin 8.6% 7.8%
57th		 6.9%
Net margin 2.5% 3.5%
30th		 3.3%
NOPAT margin 4.9% 4.9%
50th		 4.8%
FCF margin 17.3% 8.2%
100th		 7.6%
Operating cash flow margin 20.9% 10.9%
100th		 11.1%
R&D / revenue 0.0% 0.0%
0th		 0.0%
SG&A / revenue 16.7% 16.1%
57th		 21.1%
Stock comp / revenue 0.3% 0.5%
28th		 0.5%
Effective tax rate 45.6% 23.2%
100th		 23.2%

Returns on capital

MeasureSJMIndustry medianIndustry percentileSector median
ROE (on average equity) 3.9% 10.0%
29th		 10.4%
ROA 1.4% 4.5%
30th		 4.9%
ROIC 3.6% 7.1%
23rd		 8.2%
ROCE 5.6% 8.3%
37th		 9.1%
Return on tangible assets 4.6% 7.2%
33rd		 7.2%
Cash ROIC (OCF / invested capital) 15.2% 14.6%
63rd		 15.0%
Gross profitability (GP / assets) 21.8% 21.2%
57th		 32.4%
ROIC, 3-yr average 0.4% 6.1%
21st		 6.4%
ROIC, 5-yr average 0.7% 7.3%
22nd		 7.8%
ROE, 5-yr average -0.8% 9.7%
12th		 11.4%
Incremental ROIC -91.5% 34.8%
14th		 12.8%

Growth

MeasureSJMIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 5.1% 5.1%
50th		 3.8%
Revenue growth (QoQ) -2.2% 2.1%
30th		 4.3%
Revenue CAGR, 3 yr 2.7% 2.6%
52nd		 3.8%
Revenue CAGR, 5 yr 3.0% 5.1%
30th		 5.1%
Gross profit CAGR, 3 yr 6.8% 2.4%
59th		 4.0%
Operating income CAGR, 3 yr 43.2% 4.7%
100th		 4.3%
Net income growth (TTM YoY) —
Net income CAGR, 3 yr —
EPS growth (TTM YoY) —
EPS CAGR, 3 yr —
EPS CAGR, 5 yr -21.8% 3.9%
5th		 4.1%
FCF growth (TTM YoY) 136.2% 10.7%
87th		 23.4%
FCF CAGR, 3 yr 20.3% 16.5%
67th		 14.6%
Operating cash flow CAGR, 3 yr 9.7% 12.1%
46th		 6.4%
Book value CAGR, 3 yr -7.7% 1.3%
12th		 5.3%
Dividend CAGR, 3 yr -0.8% 1.4%
19th		 1.7%
Sustainable growth rate -4.1% 8.3%
5th		 8.3%

Margin history & stability

MeasureSJMIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 37.4% 29.4%
86th		 34.7%
Operating margin, 3-yr average 4.6% 7.3%
21st		 6.7%
Net margin, 3-yr average -1.8% 4.7%
14th		 4.2%
FCF margin, 3-yr average 10.8% 6.7%
79th		 6.5%
Revenue stability (0-1) 0.95 0.75
83rd		 0.81
Earnings stability (0-1) 0.27 0.36
41st		 0.34
Margin stability (0-1) 0.95 0.94
69th		 0.95

Liquidity (latest quarter)

MeasureSJMIndustry medianIndustry percentileSector median
Cash & short-term investments $43.2M $161.5M
13th		 $279.3M
Net cash (− = net debt) −$6.9B −$971.9M
13th		 −$1.0B
Working capital −$297.6M $294.4M
13th		 $285.9M
Current ratio 0.87 1.85
17th		 1.43
Quick ratio 0.35 0.88
7th		 0.86
Cash ratio (cash + ST investments / current liabilities) 0.02 0.25
3rd		 0.28
Defensive interval (days) 89 days 251 days
10th		 251 days

Leverage & solvency (latest quarter)

MeasureSJMIndustry medianIndustry percentileSector median
Total debt $6.9B $1.4B
83rd		 $1.8B
Debt / equity 1.20 0.70
70th		 0.75
Net debt / equity 1.19 0.37
74th		 0.55
Debt / assets 42.6% 30.4%
67th		 31.6%
Debt / capital 54.5% 41.0%
70th		 43.0%
Debt / EBITDA 5.17 3.27
81st		 2.69
Net debt / EBITDA 5.14 2.28
81st		 2.14
Interest coverage (EBIT / interest) 2.2x 4.7x
33rd		 4.7x
Cash interest coverage 5.3x 6.8x
40th		 8.2x
Debt payback (years of OCF) 3.6 yrs 3.6 yrs
55th		 2.8 yrs
Liabilities / assets 64.5% 53.9%
70th		 56.2%
IS credit model rating BB- — —
Implied credit spread (bps) 550 225
67th		 225

Efficiency

MeasureSJMIndustry medianIndustry percentileSector median
Asset turnover 0.54 0.91
10th		 0.94
Fixed asset turnover 2.86 3.90
21st		 4.44
Inventory turnover 4.4 5.8
23rd		 6.0
Receivables turnover 14.5 13.8
57th		 12.1
Days sales outstanding 25 days 27 days
43rd		 30 days
Days inventory outstanding 84 days 63 days
77th		 61 days
Days payables outstanding 79 days 32 days
90th		 38 days
Cash conversion cycle (days) 29 days 48 days
23rd		 37 days
Capex / revenue 3.5% 2.8%
63rd		 3.1%
Capex / depreciation 0.59 0.80
27th		 0.92
Operating expense ratio 21.1% 19.4%
57th		 24.8%

Cash flow & earnings quality

MeasureSJMIndustry medianIndustry percentileSector median
Operating cash flow / net income 8.32 2.35
100th		 1.87
FCF / net income 6.92 1.87
100th		 1.28
FCF / operating cash flow 83.2% 74.0%
83rd		 71.9%
Capex / operating cash flow 16.8% 26.0%
17th		 29.5%
Accruals ratio -9.9% -7.2%
23rd		 -6.1%
Sloan accruals ratio -1.7% -2.7%
67th		 -3.9%
Earnings quality score (0-1) 0.75 0.75
5th		 0.75

Dividends & buybacks

MeasureSJMIndustry medianIndustry percentileSector median
Dividend yield 3.5% 0.0%
63rd		 1.8%
Dividend per share (TTM) $4.42 $0.00
97th		 $0.64
Payout ratio (dividends / net income) 203.5% 34.1%
95th		 32.1%
Dividends / FCF 29.4% 37.4%
44th		 27.4%
Dividend growth (YoY) 1.6% 1.6%
41st		 1.8%
Buyback yield 0.0% 0.4%
37th		 0.9%
Shareholder yield (dividends + buybacks) 3.5% 4.3%
43rd		 3.6%
Share count change (YoY) 0.5% 0.0%
70th		 -0.2%
Buybacks, last 5 years $28.6M $53.4M
40th		 $184.1M

Scores & forensic checks

MeasureSJMIndustry medianIndustry percentileSector median
IS score 51 49
57th		 53
IS profitability 43 27
87th		 32
IS growth 60 51
60th		 50
IS value 39 59
17th		 49
IS momentum 88 71
83rd		 73
IS risk (safety) 30 65
17th		 80
IS quality 72 61
77th		 65
IS balance sheet 27 43
23rd		 53
IS earnings quality 73 73
53rd		 76
IS cash flow 73 52
97th		 57
Piotroski F-score (0-9) 8 5
83rd		 6
Altman Z-score 1.4 2.6
17th		 3.2
Beneish M-score −3.30 −2.77
7th		 −2.71
Ohlson O-score −7.77 −7.98
53rd		 −7.61
IS credit score 35 61
30th		 64

Per share

MeasureSJMIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $2.14 $1.57
53rd		 $2.03
Book value per share $53.70 $15.77
87th		 $16.28
Tangible book per share −$47.51 $3.64
3rd		 $3.52
Revenue per share $85.50 $36.47
83rd		 $41.08
FCF per share $14.83 $3.02
93rd		 $3.18
Operating cash flow per share $17.83 $3.90
90th		 $4.93
Cash per share $0.40 $1.42
10th		 $2.81

Size (TTM)

MeasureSJMIndustry medianIndustry percentileSector median
Market cap $13.6B $2.3B
93rd		 $4.0B
Revenue $9.2B $3.1B
77th		 $5.2B
EBITDA $1.3B $324.9M
83rd		 $426.9M
Net income $229.5M $164.2M
73rd		 $167.0M
Free cash flow $1.6B $315.9M
97th		 $345.6M
Total assets $16.2B $3.8B
87th		 $4.8B
Shareholders' equity $5.8B $1.4B
80th		 $1.6B
Employees 8,000 7,010
53rd		 9,700

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-10-01Perry Kirk
Director
 Award / grant 216——23,403
2026-10-01Perry Kirk
Director
 Award / grant 1,466——24,869
2026-10-01Singer David V
Director
 Award / grant 1,466——1,466
2026-10-01Taylor Jodi
Director
 Award / grant 1,466——10,396
2026-10-01Willoughby Dawn C
Director
 Award / grant 1,466——18,581
2026-10-01Abramo Mercedes
Director
 Award / grant 216——6,521
2026-10-01Abramo Mercedes
Director
 Award / grant 1,466——7,987
2026-10-01Amin Tarang
Director
 Award / grant 259——7,667
2026-10-01Amin Tarang
Director
 Award / grant 1,466——9,133
2026-10-01Chapman-Hughes Susan
Director
 Award / grant 1,466——10,396
2026-10-01Henderson Jay L
Director
 Award / grant 1,466——16,876
2026-10-01Johnson Jonathan E Iii
Director
 Award / grant 1,466——7,652

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprJunJulAugSepOct

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired2484,752—
Open-market saleDisposed9137,358$17.5M
Option exerciseAcquired3103,303$11.4M
Option exerciseDisposed3103,303$11.4M
Tax withholdingDisposed1622,202$2.6M
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 8 notices · 137,358 shares · $17.5M
FiledFilerShares proposedEst. proceeds
2026-08-31Ferguson Robert D2,522$335,451
2026-08-31Smucker Mark T84,821$11.1M
2026-08-28Marshall Tucker H18,482$2.4M
2026-06-29Penrose Jill R5,000$583,475
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 5 trades (2 purchases) · Senate 3 (3 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-04-23Gary PetersSenatePurchase$1,001 - $15,0002026-05-11
2026-04-23Gary C. PetersSenatePurchase$1,001 - $15,0002026-05-11
2026-03-27Alan ArmstrongSenatePurchase$1,001 - $15,0002026-07-21
2026-01-29Ro KhannaHouseSale$1,001 - $15,0002026-02-10
2025-10-30Lisa C. McClainHouseSale (Full)$1,001 - $15,0002025-11-24
2025-10-30Lisa C. McClainHousePurchase$1,001 - $15,0002025-11-24
2025-10-29Lisa C. McClainHouseSale (Full)$1,001 - $15,0002025-11-24
2017-10-06Shelley Moore CapitoSenateSale (Full)$1,001 - $15,0002017-11-07
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
BlackRock, Inc.7,389,936$831.4M6.92%
VANGUARD CAPITAL MANAGEMENT LLC6,794,703$764.4M6.36%
STATE STREET CORP6,573,207$739.5M6.15%
VANGUARD PORTFOLIO MANAGEMENT LLC4,933,209$555.0M4.62%
DIMENSIONAL FUND ADVISORS LP4,591,379$516.6M4.30%
GEODE CAPITAL MANAGEMENT, LLC2,908,832$326.7M2.72%
CITADEL ADVISORS LLC2,690,881$302.7M2.52%
Invesco Ltd.2,354,915$264.9M2.20%
GOLDMAN SACHS GROUP INC2,174,660$244.6M2.04%
FMR LLC1,922,137$216.2M1.80%
ARIEL INVESTMENTS, LLC1,798,871$202.4M1.68%
ProShare Advisors LLC1,699,015$191.1M1.59%
RWC Asset Management LLP1,555,311$175.0M1.46%
NORGES BANK1,510,861$170.0M1.41%
Qube Research & Technologies Ltd1,281,131$144.1M1.20%

Institutional ownership by quarter

2023-092026-0688.6%
% of shares held by 13F filers
2023-092026-06890
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3089088.6%15135325976
2026-03-3182290.1%117301267103
2025-12-3182692.7%12322335087
2025-09-3080887.4%10126529683
2025-06-3080187.1%97293262120
2025-03-3183586.5%99267303100
2024-12-3184882.2%11426632096
2024-09-3084580.9%9427431890
2024-06-3085481.2%99283314118
2024-03-3188880.0%9525436397
2023-12-3189781.5%126293336104
2023-09-3088678.2%86286340112

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-30SCHEDULE 13GVanguard Capital Management7.2%7,677,331
2026-04-27SCHEDULE 13G/ABlackRock, Inc.5.9%6,247,310
2026-01-30SCHEDULE 13G/AThe Vanguard Group11.7%12,458,770
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.02%$383.8M
VTSAX0.02%$383.8M
VSMPX0.02%$383.8M
VTI0.02%$383.8M
VOO0.02%$334.0M
VFFSX0.02%$334.0M

Share structure

Shares outstanding106,823,183
Float104,439,138
Free float97.8%

Income statement

Fiscal years, USD
FY2022FY2023FY2024FY2025FY2026
Revenue$8.0B$8.5B$8.2B$8.7B$9.1B
Cost of revenue$5.3B$5.7B$5.1B$5.3B$6.0B
Gross profit$2.7B$2.8B$3.1B$3.4B$3.0B
R&D$0$0$0$0$0
SG&A$1.4B$1.5B$1.4B$1.5B$1.5B
Operating income$1.0B$157.5M$1.3B−$673.9M$360.2M
EBITDA$1.5B$573.8M$1.7B−$155.6M$875.8M
Pretax income$843.8M−$9.2M$996.4M−$1.0B−$62.4M
Income tax$212.1M$82.1M$252.4M$184.0M$76.3M
Net income$631.7M−$91.3M$744.0M−$1.2B−$138.7M
EPS, diluted$5.83$-0.86$7.13$-11.57$-1.30
Diluted shares108.4M106.2M104.4M106.4M106.7M

Balance sheet

FY2022FY2023FY2024FY2025FY2026
Cash & short-term investments$169.9M$1.1B$62.0M$69.9M$58.6M
Receivables$524.7M$597.6M$736.5M$619.0M$656.3M
Inventory$1.1B$1.0B$1.0B$1.2B$1.1B
Total current assets$2.0B$2.9B$2.0B$2.1B$2.0B
PP&E, net$2.2B$2.3B$3.2B$3.2B$3.2B
Goodwill & intangibles$11.7B$9.6B$14.9B$12.1B$10.9B
Total assets$16.1B$15.0B$20.3B$17.6B$16.2B
Accounts payable$1.2B$1.4B$1.3B$1.3B$1.2B
Total current liabilities$2.0B$2.0B$3.8B$2.7B$2.5B
Long-term debt$4.3B$4.3B$6.8B$7.0B$6.4B
Total liabilities$7.9B$7.7B$12.6B$11.5B$10.7B
Shareholders' equity$8.1B$7.3B$7.7B$6.1B$5.5B

Cash flow statement

Outflows are negative
FY2022FY2023FY2024FY2025FY2026
Net income$631.7M−$91.3M$744.0M−$1.2B−$138.7M
Depreciation & amortization$459.1M$436.5M$430.8M$502.5M$557.0M
Stock-based compensation$22.3M$25.6M$23.9M$29.9M$23.6M
Change in working capital−$94.7M$22.1M−$8.3M−$298.7M−$11.5M
Operating cash flow$1.1B$1.2B$1.2B$1.2B$1.5B
Capital expenditure−$417.5M−$471.0M−$586.5M−$393.8M−$317.4M
Free cash flow$718.8M$717.0M$642.9M$816.6M$1.2B
Investing cash flow−$355.5M$262.6M−$4.0B−$100.3M−$258.8M
Net debt issued / repaid−$261.8M−$185.9M$3.1B−$633.8M−$751.5M
Buybacks−$270.4M−$367.5M−$372.8M−$3.3M−$5.6M
Dividends paid−$418.1M−$430.2M−$437.5M−$455.4M−$464.7M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2022FY2023FY2024FY2025FY2026
Gross margin33.8%32.8%38.1%38.8%33.5%
Operating margin12.8%1.8%16.0%-7.7%4.0%
Net margin7.9%-1.1%9.1%-14.1%-1.5%
FCF margin9.0%8.4%7.9%9.4%12.8%
ROE7.8%-1.2%9.9%-17.9%-2.4%
ROIC6.1%1.2%6.0%-3.9%2.3%
ROA3.9%-0.6%4.2%-6.5%-0.8%
Debt / equity0.570.611.111.281.28
Interest coverage6.2x0.9x4.8xn/m0.8x
Current ratio1.031.440.520.810.78
Revenue growth−0.0%+6.6%−4.1%+6.7%+3.7%
EPS growth−27.2%−114.8%+907.2%−265.4%+88.8%
P/E at year end20.6xn/m15.3xn/mn/m
EV / EBITDA at year end11.9x31.4x11.8xn/m19.8x
FCF yield at year end5.54%4.87%5.63%6.80%11.18%
Dividend payout66.2%—58.8%——

Revenue by segment

FY2022FY2023FY2024FY2025FY2026
U.S. Retail Coffee$2.5B$2.7B$2.7B$2.8B$3.8B
U.S. Retail Pet Foods$2.8B$3.0B$1.8B$1.7B$1.6B
U.S. Retail Consumer Foods$1.7B$1.6B$1.8B$1.9B$1.9B
International and Away From Home$1.0B$1.1B$1.2B$1.2B—
Sweet Baked Snacks——$637.3M$1.2B$971.3M

Revenue by region · FY2026

UNITED STATES$8.6B · 96%
CANADA$340.8M · 4%

Street estimates by fiscal year

Next report 2026-11-24 · consensus EPS $2.50 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$9.0B$9.0B – $9.1B$9.02$8.95 – $9.141014.1x
2027$9.0B$8.6B – $9.1B$10.83$9.82 – $11.131111.8x
2028$9.1B$8.7B – $9.2B$11.05$10.33 – $11.36711.5x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-08-26$2.22$3.24+45.9%$2.1B$2.2B+4.1%
2026-06-09$2.64$2.77+4.9%$2.3B$2.3B+0.5%
2026-02-26$2.27$2.38+4.8%$2.3B$2.3B+0.7%
2025-11-25$2.10$2.100.0%$2.3B$2.3B+0.4%
2025-08-27$1.93$1.90−1.6%$2.1B$2.1B−0.1%
2025-06-10$2.24$2.31+3.1%$2.2B$2.1B−1.9%
2025-02-27$2.37$2.61+10.1%$2.2B$2.2B−1.8%
2024-11-26$2.50$2.76+10.4%$2.3B$2.3B+0.2%
2024-08-28$2.17$2.44+12.4%$2.1B$2.1B−0.4%
2024-06-06$2.33$2.66+14.2%$2.2B$2.2B−1.6%
2024-02-27$2.27$2.48+9.3%$2.2B$2.2B+0.4%
2023-12-05$2.47$2.59+4.9%$2.0B$1.9B−0.6%
2023-08-29$2.04$2.21+8.3%$1.8B$1.8B−1.8%
2023-06-06$2.42$2.64+9.1%$2.2B$2.2B+2.8%
2023-02-28$2.12$2.21+4.2%$2.2B$2.2B−0.1%
2022-11-21$2.19$2.40+9.6%$2.2B$2.2B+1.4%
2022-08-23$1.25$1.67+33.6%$1.9B$1.9B+0.1%
2022-06-07$1.88$2.23+18.6%$2.0B$2.0B+2.8%
2022-03-01$2.08$2.33+12.0%$2.0B$2.1B+0.7%
2021-11-23$2.05$2.43+18.5%$2.0B$2.0B+0.1%
2021-08-26$1.88$1.90+1.1%$1.9B$1.9B−4.6%
2021-06-03$1.68$1.89+12.5%$1.7B$1.9B+15.2%
2021-02-25$2.19$2.45+11.9%$1.8B$2.1B+13.5%
2020-11-24$2.23$2.39+7.2%$1.9B$2.0B+7.7%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.106-150.206-220.206-290.207-060.307-130.307-200.307-270.208-030.208-100.208-170.508-240.308-31
Week ofNotionalSharesTrades
2026-08-31$271.5M2,081,60956,045
2026-08-24$469.7M3,621,28380,455
2026-08-17$216.7M1,782,08952,299
2026-08-10$169.2M1,420,08841,547
2026-08-03$172.8M1,456,98244,789
2026-07-27$285.1M2,315,85360,637

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1559.0%
DateShort shareShort volumeTotal volume
2026-10-1559.0%295,153500,471
2026-10-1458.0%207,051357,289
2026-10-1359.4%261,570440,114
2026-10-1264.2%283,700442,158
2026-10-0968.0%189,852279,027
2026-10-0868.4%241,267352,566
2026-10-0763.0%227,550361,242
2026-10-0667.7%245,638362,610
2026-10-0551.0%193,913380,474
2026-10-0261.8%283,144458,056
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.6Jan+1.6Feb+2.7Mar-0.0Apr+0.1May-0.3Jun+2.0Jul+0.5Aug-1.0Sep+0.4Oct+1.4Nov+1.2Dec
MonthAvg returnUp yearsYears
Jan+0.6%60%20
Feb+1.6%55%20
Mar+2.7%71%21
Apr−0.0%45%20
May+0.1%50%20
Jun−0.3%55%20
Jul+2.0%80%20
Aug+0.5%45%20
Sep−1.0%45%20
Oct+0.4%50%20
Nov+1.4%55%20
Dec+1.2%60%20
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1466.7
MFI62.6
ADX15.0
Stochastic %K / %D88.1 / 79.1
Williams %R-6.0
CCI213
TSI / signal3.9 / -7.5
Chaikin money flow-0.06
ATR$2.83
Bollinger width9.8%
Volume vs 20-day avg1.03x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$120.21 (+6.0%)
SMA 50$122.40 (+4.1%)
SMA 200$109.43 (+16.4%)
EMA 21$121.35 (+5.0%)
EMA 50$120.62 (+5.6%)
EMA 200$112.78 (+13.0%)
Bollinger upper$126.09 (+1.1%)
Bollinger lower$114.33 (+11.5%)
Parabolic SAR$116.88 (+9.0%)
Open the live chart, 110+ indicators

About The J. M. Smucker Company

The J. M. Smucker Company is an international enterprise specializing in the production and marketing of a diverse portfolio of branded food and beverage items. Its operations are organized into three principal U.S. retail divisions: Pet Foods, Coffee, and Consumer Foods. The company's extensive product offerings encompass various coffee options, including roast, ground, single-serve, and premium blends; a wide selection of spreads such as peanut butter and fruit preserves; cooking staples like shortening and oils; convenient frozen sandwiches and snacks; and a full range of pet food and treats. Additionally, Smucker provides hot beverages, portion-controlled items, and flour products for the foodservice sector, alongside frozen handheld meals, juices, beverages, and baking ingredients. These items are marketed under numerous recognizable brands, including Meow Mix, 9Lives, Kibbles 'n Bits, Milk-Bone, Pup-Peroni, Rachael Ray Nutrish, Nature's Recipe, Folgers, Café Bustelo, Dunkin', 1850, Jif, Smucker's, Smucker's Uncrustables, Robin Hood, and Five Roses. The company distributes its products through a vast network, utilizing both direct sales and brokers to reach grocery stores, club stores, discount and dollar retailers, online platforms, pet specialty stores, natural food outlets and their distributors, pharmacies, military commissaries, and large mass merchandisers. Founded in 1897, The J. M. Smucker Company is headquartered in Orrville, Ohio.

https://www.jmsmucker.com

Key executives

NameTitlePayBorn
Captain Mark T. SmuckerChief Executive Officer, President & Chairman$3.8M1970
Tucker H. MarshallCFO and Executive VP of Frozen Handheld & Spreads and Sweet Baked Snacks$1.7M1976
Robert D. FergusonChief Product Supply Officer and Executive VP of Coffee, Pet & Away from Home$1.6M1974
Jeannette L. KnudsenChief Legal & Governance Officer$1.4M1970
Jill R. PenroseChief People & Administrative Officer and Chief of Staff$1.3M1973
Bryan HutsonSenior Vice President of Information Services & Supply Chain——
Crystal BeitingVice President of Investor Relations and FP&A——
Douglas GuilhermeSenior Vice President of Operations and Supply Chain——

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Mark Smucker Chief Executive Officer, President and Chair of the Board2026$1.2M$6.3M$2.1M$10.9M
John Brase Former President and Chief Operating Officer2026$634,962$2.1M$0$4.9M
Tucker Marshall Chief Financial Officer | EVP, Frozen Handheld and Spreads and Sweet Baked Snacks2026$718,847$1.9M$808,330$3.5M
Robert Ferguson Chief Product Supply Officer | EVP, Coffee, Pet, and Away from Home2026$640,000$1.7M$864,649$3.3M
Jeannette Knudsen Chief Legal Officer and Secretary2026$640,154$1.3M$599,184$2.7M
Jill Penrose Chief People and Administrative Officer | Chief of Staff2026$600,385$1.2M$561,960$2.5M

Employees

7k20197k20207k20217k20226k20239k20248k2025

Dividends

Ex-dateAmountPaid
2026-08-14$1.122026-09-01
2026-05-15$1.12026-06-01
2026-02-13$1.12026-03-02
2025-11-14$1.12025-12-01
2025-08-15$1.12025-09-02
2025-05-16$1.082025-06-02
2025-02-14$1.082025-03-03
2024-11-15$1.082024-12-02

Moat model

Narrow · Efficient Scale · 2026-07-31
Cost advantage70
Intangibles79
Switching costs49
Network effect50
Efficient scale80
Our component scores (0-100) and overall 65.5; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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